We use cookies for analytics and ads to improve your experience. You can accept or decline. See our Privacy Policy.
Private alternative asset management with over a decade of experience
ISAF III (IN/AIF2/21-22/0978) is a SEBI-registered Category II AIF — the third vintage of Edelweiss's India Special Assets Fund series — managed by EAAA India Alternatives Limited (formerly Edelweiss Alternative Asset Advisors Limited; CIN U67190MH2008PLC182205; registered office: Edelweiss House, Off C.S.T. Road, Kalina, Mumbai 400098. ) Full scheme name: India Special Assets Fund III. Fund Managers: Navin Sambtani, Amit Agarwal, Kriti Ghosh. ISAF III is part of EAAA's Special Situations investment platform. India Special Assets Fund III (ISAF III) is managed by Edelweiss Alternative Asset Advisors Pte. Limited (offshore entity). The fund acquired a 7.44% stake in Indo Borax & Chemicals Limited via Zenrock Chemicals Private Limited and related entities in a December 2025 transaction for INR 4.2 billion. The SEBI domestic AIF is the India-onshore companion. ISAF III has an 'ISAF III Onshore Fund' sibling (LEI: 254900PCY72HKAKOJU94). EAAA's IPO was filed in January 2026.
EAAA's infrastructure yield strategy focuses on private credit and structured equity in operating infrastructure assets — targeting yield enhancement through structured financing solutions that combine private debt, mezzanine, and yield instruments. The Infrastructure Yield fund series targets the Indian infrastructure sector's private financing gap: companies with operational cash flows seeking refinancing or growth capital outside traditional bank lending. EAAA's differentiated private debt expertise — built over a decade with strong on-ground origination — ensures access to unique, structured deal opportunities.
Ashish Jain
FMFund Manager, Infrastructure Yield Trust
Ashish Jain is a Fund Manager at EAAA India Alternatives for the Infrastructure Yield Trust (all three schemes: Infrastructure Yield Plus II, IIA, and India Infrastructure Yield Plus II).
Navin Sambtani
FMFund Manager, ISAF III
Navin Sambtani is a Fund Manager for India Special Assets Fund III (ISAF III) at EAAA India Alternatives.
Amit Agarwal
FMFund Manager, ISAF III
Amit Agarwal is a Fund Manager for India Special Assets Fund III at EAAA India Alternatives, also involved in multiple other EAAA special situations funds.
Subahoo Chordia
FMFund Manager, Infrastructure Yield Trust
Subahoo Chordia is a Fund Manager at EAAA India Alternatives, co-managing the Infrastructure Yield Trust alongside Ashish Jain and Sreekumar Chatra.
Kriti Ghosh
FMFund Manager, ISAF III
Kriti Ghosh is a Fund Manager for India Special Assets Fund III at EAAA India Alternatives.
Sreekumar Chatra
FMFund Manager, Infrastructure Yield Trust
Sreekumar Chatra is a Fund Manager at EAAA India Alternatives, co-managing the Infrastructure Yield Trust alongside Ashish Jain and Subahoo Chordia.
No insights published yet.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
Deepak Mukhija
Head of Compliance – Domestic, EAAA India Alternatives; SEBI Contact Person
Deepak Mukhija has 18+ years in corporate secretarial and business compliance, of which 14 years are in alternative investments. He joined Edelweiss in September 2018 as Head of Compliance for Edelweiss Alternative Assets. Previously Company Secretary and Compliance Officer at Nippon Life India Asset Management Ltd; Kotak Private Equity (9 years); Reliance Industries; PWC India. Qualified Company Secretary; LLB from Mumbai University. He also serves as Company Secretary and Compliance Officer of EAAA India Alternatives Limited.